Canadian senior living outlook similar to that of US
By
Kathleen Steele Gaivin
Sep 30, 2024
The senior housing market in Canada is similar to to the United States, according to global real estate services firm Cushman & Wakefield.
Brookdale Senior Living occupancy reaches new high since start of recovery
By
Kathleen Steele Gaivin
Sep 12, 2024
Brookdale Senior Living announced Tuesday that average weighted occupancy for August increased 30 basis points sequentially to 78.9%. That’s a new high since the post-pandemic recovery began in March...
Harrison Street acquires 5 Brightview Senior Living communities
By
Kathleen Steele Gaivin
Sep 10, 2024
Chicago-based Harrison Street announced Monday that it has bolstered its interest in Brightview Senior Living with the acquisition of five Brightview properties. Brightview will continue to manage them.
Sonida Senior Living to expand footprint via $103 million purchase of 8-community portfolio
By
Kathleen Steele Gaivin
Aug 19, 2024
Sonida Senior Living will acquire eight senior living communities in the Southeast in a $103 million transaction, the Dallas-based owner-operator announced Thursday. The news follows the company’s previous...
Thrive Senior Living heads to South Korea with new joint venture
By
Kathleen Steele Gaivin
Jul 17, 2024
Atlanta-based Thrive Senior Living has launched a joint venture in Seoul, South Korea, with GH Partners, the newly formed company, Thrive-GPH, announced Tuesday.
DHC results miss forecast, but senior housing portfolio continues to improve
By
Kathleen Steele Gaivin
May 08, 2024
Diversified Healthcare Trust saw “continued improvement” within its senior housing operating portfolio, or SHOP, during the first quarter, President and CEO Christopher Bilotto told analysts and investors...
Operating expenses rose last month within the Newton, MA-based Diversified Healthcare Trust’s senior housing operating portfolio.
Total SHOP operating expenses for March increased 3.3% and 6.7% on a...
Senior living performance surpasses expectations, Welltower CEO says
By
Kathleen Steele Gaivin
May 01, 2024
Toledo, OH-based real estate investment trust Welltower experienced a strong start in the first quarter, with a 19% year-over-year increase in funds from operations across the board, CEO Shank Mitra said...
All signs point to ‘more robust’ senior living market, LTC Properties CEO says
By
Kathleen Steele Gaivin
May 01, 2024
“The seniors housing and care industry is on a promising upturn after setbacks related to COVID,” Westlake Village, CA-based real estate investment trust LTC Properties Chairman and CEO Wendy Simpson...
Healthcare Trust completes management internalization, rebrands as National Healthcare Properties
By
Kathleen Steele Gaivin
Oct 01, 2024
Healthcare Trust Inc. has completed the previously announced internalization of management functions, the New York-based real estate investment trust said Monday.